GOCL Corporation Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

GOCL Corporation's board has approved its Q1 consolidated financial results. The company reported a sharp jump in net profit to **Rs. 1,222.55 Cr** (vs. Rs. 36.25 Cr last year), primarily driven by a significant gain of **Rs. 1,371.22 Cr** from the sale of 114.85 acres of land at Kukatpally, classified under discontinued operations.

In strategic moves, GOCL completed the divestment of its wholly-owned subsidiary, IDL Explosives, to Apollo Defence Industries for **Rs. 107 Cr**. The company received **Rs. 35 Cr** during the quarter, with the remaining **Rs. 72 Cr** realized post-quarter.

Separately, GOCL disbursed a final dividend of **Rs. 10 per share** (Rs. 49.57 Cr total) for FY24-25, approved by shareholders earlier this month.